#CryptoEducation💡🚀
Top 8 DeFi instruments
DeFi is developing fast, but you need to know how to use it. Earning money in DeFi is easy and difficult at the same time. You need to know how to use the instruments and understand how they work together.
Security and working with risks is also important ❗️
I've put together a list of the main types of DeFi instruments you need to know about if you want to feel confident using DeFi:
➡️ Liquid Staking - a DeFi instrument that lets you earn extra yield on your crypto assets.
➡️ Lending и CDP - DeFi instruments that let you borrow other crypto assets.
➡️ Bridge и Cross Chain - DeFi instruments that let you move crypto assets from one network to another.
➡️ Dexes - DeFi instruments for exchanging crypto assets and for giving crypto assets and generating additional returns.
➡️ Restaking и Liquid Restaking - DeFi instruments that let you place your crypto asset in multiple DeFi protocols at once to get a better yield.
➡️ Yield - DeFi instrument that make other DeFi protocols more profitable.
➡️ Derivatives - DeFi instruments let traders trade with leverage and investors can provide liquidity.
➡️ RWA - DeFi instruments that tokenize real-world assets, like real estate or U.S. bonds.
#Binance #deFi
Top 8 DeFi instruments
DeFi is developing fast, but you need to know how to use it. Earning money in DeFi is easy and difficult at the same time. You need to know how to use the instruments and understand how they work together.
Security and working with risks is also important ❗️
I've put together a list of the main types of DeFi instruments you need to know about if you want to feel confident using DeFi:
➡️ Liquid Staking - a DeFi instrument that lets you earn extra yield on your crypto assets.
➡️ Lending и CDP - DeFi instruments that let you borrow other crypto assets.
➡️ Bridge и Cross Chain - DeFi instruments that let you move crypto assets from one network to another.
➡️ Dexes - DeFi instruments for exchanging crypto assets and for giving crypto assets and generating additional returns.
➡️ Restaking и Liquid Restaking - DeFi instruments that let you place your crypto asset in multiple DeFi protocols at once to get a better yield.
➡️ Yield - DeFi instrument that make other DeFi protocols more profitable.
➡️ Derivatives - DeFi instruments let traders trade with leverage and investors can provide liquidity.
➡️ RWA - DeFi instruments that tokenize real-world assets, like real estate or U.S. bonds.
#Binance #deFi
